How could you elect this man? I mean, we know that he knows about pigs. He called Sarah Palin one. Didn't he?
Barack Obama has never had a real job -- a job that designs, locates, extracts, processes, manufactures, finishes, repairs and/or maintains products or assets of value. It's not only that he hasn't dirtied his hands or worked up a sweat from anything more strenuous than elocution, it is that his prep school background and Ivy League education never gave Obama an honest view of how value is produced and the economy works. But others of us are not so encumbered. We can detect his BS. (In my case I worked in a cardboard box factory, a culvert factory and a plastics factory, I was a caddie, a dishwasher and a janitor, all before I received a fancy pants law degree). Those in the know understand that virtually every economically driven business relationship and set of producers relies on webs of suppliers and partners, which while mostly invisible to the ultimate customer, are essential in the value chain that drives the economy and serves us all.
From his background of inexperience and ignorance Obama makes false claims like the Keystone XL pipeline will produce only dozens of jobs -- a claim that he emphasized in his New York Times interview with a smug, arrogant chuckle. We blogged earlier this year on the absurdity of Obama's left wing, kill-affordable-energy-at-any-cost claims, referencing government data documenting hundreds of thousand of jobs supported by the pipeline industry. We looked at Obama's ridiculous claims from the perspective of a relation employed as a pipeline controller. Constructing, monitoring, operating, feeding, maintaining and repairing pipelines is not a simple store front enterprise. The companies that own and operate the pipelines day-to-day are but a fractional part of the the industry. Let us explain further.
Rigzone.com lists 145 pipeline contractors, companies engaged in manufacturing pipelines and components, and in building, inspecting and maintaining pipelines. These are companies that re-mediate pipeline spills and upgrade pipeline safety with protective liners. These are companies that weld, build and maintain pumps, and clean and map pipelines. Work in these areas counts for nil in Obama's contorted calculus.
|Cups and Discs for|
|The FERC and CFTC Chairmen sign a pact to create|
even more jobs for lawyers.
An even larger impact ignored by Obama is the crude oil production and refining. For oil to have value it needs to be transported and processed into usable form. The Keystone XL pipeline design has a 100,000 barrel a day on ramp in Montana. At today's crude prices that is $10,000,000 a day of domestic cash flow. No jobs associated with that eh, at least if you listen to Obama.
We'll leave it there for now. You have elected an economic ignoramus. If only it weren't so.